Agusto & Co. and GCR Ratings Upgrade Globus Bank’s Credit Ratings
LAGOS, NIGERIA — Globus Bank Limited, a national commercial bank in Nigeria, has secured credit rating upgrades from two of the industry’s leading agencies, reinforcing the Bank’s strengthening financial profile. Agusto & Co. has upgraded the Bank’s ratings to “A+” (Long Term) and “A1” (Short Term), from “A”, with a Stable Outlook. GCR Ratings (GCR) […]
FESTAC Power Outage: EKEDP blames cable vandalism, transmission upgrades
By Uzoma Marvellous The prolonged power outage affecting FESTAC Town, Amuwo Odofin and neighbouring communities is the result of ongoing transmission upgrades and persistent vandalism of underground electricity cables, Eko Electricity Distribution Plc (EKEDP) has said. In a statement yesterday, the General Manager, Corporate Communications, EKEDP, Abiola Aloba, said the supply disruption was caused mainly […]
Dr Stanley Uzochukwu: The “Osoafia” boy from street who became builder of men
AI Researcher, University of Hertfordshire, UK Some people receive an opportunity and build a comfortable life. A rare few receive an opportunity and build a ladder through which thousands of others can rise. Dr Stanley Ifeanyi Uzochukwu belongs to that rare company.
Ex-Kano LG chairman returns to tailoring after court ouster
A graduate with Bachelor’s and Master’s degrees in Political Science, Basaf said he chose tailoring out of passion despite having opportunities for white-collar jobs.
TETFund cracks down on abandoned projects
….Bars defaulting institutions from 2027 funding By Joseph Erunke, Abuja The Tertiary Education Trust Fund,TETFund, has wielded the big stick against beneficiary tertiary institutions that have failed to complete intervention projects. It also announced that institutions with lingering abandoned or delayed projects would be shut out of new project approvals under the 2027 intervention cycle. […]
How Nigeria secured $30bn Paris Club debt relief — Okonjo-Iweala
The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, yesterday recounted how a deliberate communication strategy helped Nigeria secure the landmark $30 billion Paris Club debt relief during the administration of former President Olusegun Obasanjo. Okonjo-Iweala, who spoke at the public presentation of ‘’The Pain and the Promise,’’ a new book by communications expert and […]
